The Court of Audit of the Union (TCU) has officially archived the process that sought to suspend Otto Lobo's upcoming sabbatical for the presidency of the CVM, as announced in the Diário Oficial da União. This request was originally filed by the Public Ministry, which also suggested that an alert be issued to the Senate regarding Lobo's controversial decisions favoring Banco Master.

In its ruling, the TCU emphasized that it does not possess the authority to interfere in the Senate's hearing process, as such interference would violate the constitutional principle of the separation of powers. The TCU maintained that actions related to parliamentary function should remain unimpeded by external judicial bodies. This situation reaffirms the delicate balance of power between distinct government branches in Brazil.

This incident isn't unprecedented; the Public Ministry had previously requested the TCU's input on similar matters concerning Lobo's nomination to the CVM. Earlier this year, TCU Minister Bruno Dantas rejected a similar request. The ongoing scrutiny of Lobo's candidacy reflects broader tensions in Brazilian governance as various institutions navigate their roles amidst public opinion and financial accountability concerns.